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Saturday, October 19, 2019

Govt confirms receiving 4 offers to take over PLUS

The works ministry is evaluating all the proposals to take over PLUS Malaysia Bhd and will make recommendations to the Cabinet.
KUALA BERANG: The works ministry confirmed today that it has received four formal offers from interested parties to take over PLUS Malaysia Bhd (PLUS).
Its minister, Baru Bian, said the bids came from Widad Group Bhd, Maju Holdings Sdn Bhd, RRJ Capital and businessman Halim Saad.
He said the offers would be reviewed and presented to the Cabinet for a decision to be reached within a few weeks.
“At this stage, we are making an evaluation of all the offers.
“As the ministry responsible for all toll highways in the country, we will make our preparations and advise the Cabinet on what will be best for us.”
He said this to reporters after the launch of the Technical and Vocational Education and Training (TVET) Terengganu Edition and Malaysia Worldskills Competition at Akademi Binaan Malaysia Wilayah Timur, Kuala Berang, here today.
Baru said the matter would be settled as soon as possible as it is of great concern to the people. - FMT

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